TechFlow news, November 2: FTX creditor representative Sunil tweeted that FTX creditors have not actually been paid in full. The actual cryptocurrency recovery rate ranges from 9% to 46%. However, considering that cryptocurrency prices were higher when the 143% payment was made, the real recovery rate could be even lower. Additional recoveries will come from certain projects airdropping tokens to FTX creditors (outside the bankruptcy process). Paradex has already distributed an airdrop to FTX creditors, and more projects are expected to follow.
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